Financial starter package

High school juniors and seniors will soon face graduation and making their own way in the world. Are they prepared to handle financial tools and financial responsibilities? We, together with parents, can help with financial education.

Our financial starter package includes a checking account with a debit/ATM card, online banking and a low-limit charge card (qualified co-maker required). Parents may also sign up for cross account transfer. This is a great tool when students are away from home at college or in the service.

This set of tools gives students a chance to learn how to manage various types of accounts and allows parents a chance to teach their children how to be financially responsible before they head off on their own.

High school seniors who are members of the Credit Union may apply. Students who are not yet members, but who are eligible for membership, simply need to become members before applying for an award. Students need not attend one of our member schools to be eligible if a parent is employed by one of the member school districts.

$4,500 in scholarships for 2017 grads

The Oswego Teachers Employees Federal Credit Union is proud to announce that it it will award $4,500 to seniors who are members of the Credit Union and who are graduating in 2017. In addition, the scholarship program has been altered to insure that we will have award winners with ties to each of our member school districts. The highlights of the program are:

One scholarship, to honor the founders of the credit union, in the amount of $1,000

Deadline: Friday, April 28, 2017. No late applications will be accepted. Applications must be received or postmarked by the deadline date

Award winners will be chosen by a committee selected by the Credit Union’s Board of Directors. Awards will be announced no later than May 26, 2017.

Don’t forget to take advantage of our Financial Starter Package for high school seniors and juniors. It’s a great way for students to learn personal finance and for parents to guide sons and daughters toward responsible financial independence. We all know the importance of financial literacy. We need to begin teaching those lessons to our young adults at the proper time. Click here for more information.